CatchMark Timber Trust, Inc.
CatchMark seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high-demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and takes advantage of proximate mill markets, which provide a reliable outlet for merchantable inventory. CatchMark began operations in 2007 and owns interests in 1.6 million acres of timberlands.
Stock Price: $8.26
1 Year Total Return: -7.71%
As of market close on 5/28/2020
- Company TypeREIT
- Listing StatusPublic
- Industry SectorTimberlands
- Investment SectorEquity
- ExchangeNew York Stock Exchange, Inc. (NYSE)
Performance DetailsAs of 7:15 p.m. EDT on 5/29/2020
- Previous Day Close$8.26
- Current Day High & Low$8.30 - $7.76
- Day's Volume289,689
- 30 Day Average Volume211,873
- 52 Week High & Low$12.20 - $5.17
- Market Cap$443.07 mil
- Prev. Quarter Dividend$0.14
- Prev. Quarter FFO$39.39 mil
Jerry Barag also highlights record demand in repair/remodel lumber market.7/10/2019Jerry Barag says healthy timberland markets are an incentive for landowners to commit capital to reforestation.
Company News5/30/2020(1) Source: SeekingAlpha(2) Source: Ticker Report
Corporate InformationNareit member since 20105 Concourse ParkwaySuite 2650Atlanta, Georgia 30328(770) 499-7800Brian DavisCEOBrian Davis, John F. RasorPresidentBrian Davis, Ursula Godoy-ArbelaezCFO
Real Estate Portfolio
No properties were found.Source: S&P Global Market Intelligence 2018